Lower Town - Sandy Hill K1N 5T7

Property

Ownership: For Sale
Type: Land
Bedrooms: Studio
Pets: Pets No

Financials

Price:C899,900
($644,319.40)
(€575,691.25)
Annual Taxes:C4,963.79
505 Park Ave, New York, NY 10022

Description

Prime development site in Ottawa's ByWard Market! 185 York Street offers exceptional zoning flexibility with current R5S S77 designation and future N6B S77 under Ottawas New Zoning By-law. Permitted uses include low-rise, mid-rise, and high-rise apartment dwellings - a rare opportunity to build up to 6 storeys (21.4m height) by-right. Previously approved minor variances (lot width and area) streamline development without the need for public consultation. The property measures approximately 33 x 99 (3,209 sq ft) and features a 2.44m right-of-way along the east side for enhanced site access. Positioned steps to Rideau Centre, the University of Ottawa, Parliament Hill, O-Train station, and the ByWard Market, this location is ideal for boutique urban residential projects, purpose-built rentals, or luxury multi-unit builds. Ground-floor commercial uses are also permitted, including retail, office, or café-style activation, making it ideal for mixed-use development. Situated on York Street -soon to be transformed into a pedestrian-priority shared promenade (2025 - 2027) as part of Ottawa's ByWard Market Public Realm Plan - this site offers rare exposure and long-term upside. No demolition needed - immediate time and cost savings for developers. Buyers are responsible for their own due diligence regarding development options, building code compliance, and site planning. Rare chance to secure a premium lot in Ottawa's most vibrant downtown node!

Amenities

  • Available

Prime development site in Ottawa's ByWard Market !


    All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. International currency conversions where shown are estimates based on recent exchange rates and are not official asking prices.

    All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.